Salesforce tops earnings estimates, CFO Amy Weaver to step down
Salesforce reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook.
OpenAI in talks to raise funding that would value it at more than $100 billion
OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.
With everyone focusing on Nvidia, JPMorgan likes this other chip stock reporting earnings this week
JPMorgan reiterated its overweight rating on Marvell Technology ahead of the company’s earnings announcement Thursday after the bell.
The Fed now will focus on the employment part of its mission — and for good reason
Officials have made it clear that they are turning their attention from a focus squarely on inflation.
Education Department details FAFSA strategy for the year ahead. But, there is still ‘potential for chaos,’ expert says
The Education Department said it will beta launch the 2025-26 FAFSA ‘to uncover and fix issues’ with the aid application.
Trump Arlington cemetery incident ‘pretty sad,’ Harris campaign says
NPR reported that Donald Trump’s presidential campaign aides had a verbal and physical altercation with an Arlington cemetery official during a visit there.
Likely policies under a Harris presidency and the stocks impacted, according to Jefferies
Analysts at Jefferies identified the sectors and stocks that could be impacted under a potential Harris presidency.
Weekly mortgage demand stalls, even though rates drop to lowest since April 2023
Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed.
Elon Musk’s xAI accused of worsening Memphis smog with unauthorized gas turbines at data center
Memphis already has a smog problem. Environmental groups say Elon Musk’s xAI is making it worse with unauthorized use of gas turbines to power its data center.
Treasury yields little changed as investors look ahead to U.S. inflation data
On Wednesday, investors awaited a key U.S. inflation report due later in the week.
